Press Release
Mphasis and Classiq Partner to Drive Quantum Innovation
–News Direct–
Mphasis, (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced its strategic partnership with Classiq, a leading quantum software company to demonstrate and commercialize industry solutions powered by Quantum. The strategic partnership aims to accelerate the adoption of quantum solutions for enterprises by integrating them into its operations. The collaboration is committed to fostering innovation and redefining technological boundaries and paving the way for a quantum-powered future.
Classiq leads in quantum computing software and has developed a platform for faster and more efficient quantum algorithm design. Mphasis will focus on building industry solutions in sectors such as BFSI, Lifesciences, Healthcare, Supply Chain & Logistics, Chemistry, utilizing these advanced algorithms. By leveraging Classiqs quantum platform, Mphasis will develop industry-specific intellectual properties (IPs) and will also jointly market and implement customer IPs, execute customer projects, and provide support for the commercialization of Classiqs platform and IPs.
Additionally, Mphasis Quantum Initiative, launched in 2020 within the Applied R&D division, NEXT Labs, aims to facilitate our client's transition to the quantum era. The adoption model comprises awareness-building, assessment, and consulting workshops, as well as the development and implementation of quantum solutions in key domains such as optimization, artificial intelligence, simulation, and cybersecurity. Within the realm of quantum computing, the companys priorities include applied research, the creation of industry-specific solutions and intellectual properties, thought leadership dissemination, building robust partnerships, and leveraging a design thinking approach to drive adoption.
We are thrilled to announce our collaboration with Classiq and leveraging their expertise to unlock the vast potential of quantum computing. This partnership enables us to combine our industry knowledge with cutting-edge quantum technology, to innovative solutions tailored to our clients' needs. Together we hope to lead the way in initiating and implementing state-of-the-art quantum solutions that redefine the boundaries of our field," said Srikumar Ramanathan, Chief Solutions Officer, Mphasis.
"Classiq is proud to be partnering with Mphasis to support scalable enterprise quantum computing software development. Together we combine depth of industry domain knowledge and quantum expertise with the technology needed to implement sophisticated optimized quantum computing programs for our clients," said Nir Minerbi, CEO and Co-Founder, Classiq Technologies.
By synergizing Mphasis' domain expertise with Classiq's quantum computing acumen, the collaboration is poised to unlock newer possibilities and redefine industry benchmarks. Quantum computing's ability to tackle previously unsolvable problems opens doors for entirely new discoveries and innovations. National Institute of Standards and Technologys report states that quantum computing could lead to breakthroughs in areas like materials science, drug discovery, and financial modelling.
McKinsey & Company estimates a $106B potential quantum technology market size by 2040. The alliance between Mphasis and Classiq represents a fusion of expertise and innovation, with Classiq's cutting-edge quantum development platform complemented by Mphasis' extensive industry knowledge. Together, the companies aim to pioneer groundbreaking quantum solutions that will reshape sectors primed for transformative change.
Classiqs platform enables both beginner and expert designers to rapidly generate, analyze, and execute quantum circuits. The collaboration reflects the shared dedication of Mphasis and Classiq, showcasing a commitment to pioneering quantum computing applications across diverse industry sectors.
Apart from this, in June 2021, Mphasis along with the Government of Alberta, and the University of Calgary signed an MoU to announce the launch of the world-leading Quantum City – Canada. The strategic partnerships were to accelerate talent development and the development of a quantum computing ecosystem in Calgary, driving R&D in the technology sector. In June 2022, Mphasis deepened its commitment to Canada by announcing a delivery center in Calgary, opening the center in Alberta for business. The Mphasis business ecosystem was positioned to reinforce the region's reputation as a leading hub for digital transformation, AI, quantum computing, and more, and contribute to Canada's growing digital sector.
About Mphasis
Mphasis purpose is to be the Driver in Driverless Car for Global Enterprises by applying next-generation design, architecture, and engineering services, to deliver scalable and sustainable software and technology solutions. Customer centricity is foundational to Mphasis, and is reflected in the MphasisFront2Back Transformation approach. Front2Back uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2TM=1) digital experience to clients and their end customers. Mphasis Service Transformation approach helps shrink the core through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis core reference architectures and tools, speed and innovation with domain expertise and specialization, combined with an integrated sustainability and purpose-led approach across its operations and solutions are key to building strong relationships with marquee clients. Click here to know more. (BSE: 526299; NSE: MPHASIS)
About Classiq
Classiq Technologies, the leading quantum software company, provides an all-encompassing software platform (IDE, compiler and OS) with a single point of entry into quantum computing, from algorithm design to execution. Tailored to all levels of developer proficiency, Classiq aims to democratize access to quantum computing with software that equips customers to take full advantage of the quantum computing revolution. A low-code development environment that automates quantum programming ensures that a broader range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of how to program quantum computer hardware. Classiq also works closely with advanced computation hardware providers providing software for use with quantum computers, HPC and quantum simulators. Backed by powerful investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiqs world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking software development platform. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, join the Slack community, or try the Classiq platform.
Contact Details
Rainier Communications
Michelle Allard McMahon
+1 781-718-3248
Mphasis Corporate Communications
Deepa Nagaraj
+1 646-424-5160
Mphasis Corporate Communications
Sumana Bhat
+91 99029 80980
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/mphasis-and-classiq-partner-to-drive-quantum-innovation-559552434
Classiq Technologies
COMTEX_453322194/2655/2024-06-04T02:05:00
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Kuvi.ai Launches Private Beta of Agentic Finance OS with Seed Round Led by Moon Pursuit Capital
Breakthrough Agentic Finance platform makes digital asset transactions as simple as typing a message
TORONTO, Ontario – 02/08/2025 – (SeaPRwire) – Kuvi.ai, the platform pioneering Agentic Finance, has announced the successful completion of its $700,000 seed round, led by Moon Pursuit Capital, and the expansion of its strategic round, which is now oversubscribed. Recent additions include legendary crypto investor Michael Terpin of Transform Ventures and leading Web3 educator Dennis Liu (aka VirtualBacon).
The announcement follows Kuvi.ai’s earlier pre-seed (angel) round, which closed in just four days. With the close of the seed round and the opening of the strategic round, Kuvi.ai’s valuation has now doubled from $15 million to $30 million.
The funding supports the private beta launch of Kuvi.ai’s Agentic Finance Operating System (AF-OS), the first of its kind next-gen interface that empowers users to design, automate, and deploy complex financial strategies using natural language.
Kuvi.ai replaces the need for centralized exchanges, clunky DeFi dashboards, or opaque robo-advisors, enabling users to act with precision, automation, and control. Kuvi.ai is an AI-driven crypto interface designed to make digital asset transactions as simple as typing a message or saying a few words, delivering text-to-trade functionality that removes the need to navigate multiple dApps, bridging solutions, or complex trading interfaces.
Users can instruct Kuvi.ai to buy, sell, or swap tokens across blockchains, and Kuvi.ai does the rest. Unlike pre-programmed bots or chat wrappers, Kuvi.ai allows users to define their financial intent – e.g., “Buy $1K in memecoins when sentiment spikes and gas is low, exit when BTC dominance rises” – and executes via our proprietary modular and functional agentic framework.
“Kuvi.ai is building the coordination layer for agentic value transfer,” said co-founder and CEO Dylan Dewdney.
Kuv.ai’s private beta, rolling out now to early community, investors, supporters, collaborators, and some OTC desks, introduces smart “Executables.” These are automations tied to market conditions, cross-chain actions, and real-time data. Early integrations include top Solana-native protocols like Raydium and Jupiter, with Ethereum and Bitcoin native protocols soon to follow.
“This is not just a new product,” added co-founder and CTO Jay Nasr. “It’s a complete rethink of how humans interact with financial systems.”
With private beta underway and TGE tentatively slated for late summer/early fall 2025, Kuvi.ai is set to scale its user base, integrations, and community. As the Agentic Finance movement gains traction, Kuvi.ai is positioned to be the flagship OS in a post-app financial world – empowering everyone to manage and multiply wealth through intent-based interfaces.
About Kuvi.ai
Kuvi.ai is an AI-driven crypto interface designed to make digital asset transactions as simple as typing a message or saying a few words, delivering text-to-trade functionality that removes the need to navigate multiple dApps, bridging solutions, or complex trading interfaces. Users can instruct Kuvi.ai to buy, sell, or swap tokens across blockchains, and Kuvi.ai does the rest.
Kuvi.ai is founded by Dylan Dewdney, a crypto OG active since 2011, along with Jay Nasr, and Maxim Sindall, bringing technical depth and go-to-market execution. Kuvi.ai’s momentum is powered by a heavyweight advisory and investor roster that includes Michael Terpin, founder of Transform Ventures and early advisor/investor to hundreds of crypto projects, including Ethereum and Tether; Dennis Liu (VirtualBacon), top-tier crypto educator with 400K+ followers; and Peter Vincer, advisor with institutional and U.S. policy access, joins as Advisor for Government Relations. For more information, please visit https://kuvi.ai.
Social Links
X: @kuvilabs
Telegram: @kuviai
Discord: https://discord.com/invite/r5Hfpk5BPa
Media contact
Brand: Kuvi.ai
Contact: Media team
Email: KuviAI@transformgroup.com
Website: https://kuvi.ai
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
At Yaya Mas Greek Kuzina, every visit is a journey to Greece. From the aroma of freshly baked phyllo to the first sip of our famous Freddo Cappuccino, we bring the soul of the Aegean straight to Chicago.
Our restaurant is more than a place to eat; it’s a celebration of Greek culture and tradition. We source many of our ingredients directly from Greece so every dish is authentic, flavorful, and made with love. Whether it’s our melt-in-your-mouth chicken gyros, delicate bougatsa pastries, or the signature Greek ancient bread – a rustic, lighter version of pizza – every bite tells a story.
Why Chicago Loves Yaya Mas
Open from 7 AM to 5 AM, we’re one of the few places in the city offering true Greek cuisine from early morning to late at night. Early risers enjoy the best Greek coffee and breakfast pastries, while night owls find satisfying plates long after other restaurants have closed.
We’ve become a go-to spot for university students, families, and anyone craving real Greek flavors. Guests love the lively atmosphere, welcoming staff, and the feeling that they’re part of something special – because at Yaya Mas, you are.
Tradition Lives in Our Kitchen
Our menu is rooted in recipes passed down through generations. Our own Yaya (grandmother) still works in the kitchen, carefully folding the phyllo dough for our spinach and feta pies by hand. Her touch adds a warmth and authenticity that can’t be duplicated.
A Menu Full of Greek Favorites
Gyros: Beef, chicken, and vegetarian options prepared with fresh herbs and our signature tzatziki.
Bougatsa: Custard-filled phyllo pastry, dusted with powdered sugar.
Freddo Cappuccino & Freddo Espresso: Whipped Greek coffee drinks that are already Chicago favorites.
Greek Ancient Bread: Our specialty wood-fired bread with traditional toppings.
Each dish is made with premium ingredients, ensuring rich flavor and vibrant presentation every time.
More Than Just a Meal
Yaya Mas is designed to feel like a Greek island hideaway – warm, bright, and full of life. We host student nights, seasonal events, and coffee happy hours that bring our community together. Whether you’re stopping in for a quick bite or celebrating with friends, we want every visit to feel like a mini vacation.
For your convenience, we offer catering and delivery through our website yayamas.com, as well as through Uber Eats and DoorDash. This means you can enjoy authentic Greek cuisine anywhere — whether at home, at work, or at your next event.
Our Promise
We believe food connects people, and that’s what drives us every day. Whether you visit us for breakfast, lunch, dinner, or a late-night snack, you’ll experience the best of Greek hospitality and flavor.
Join us at 1755 N Sheffield Ave, Chicago, and taste why Yaya Mas Greek Kuzina has quickly become a Chicago favorite. Because at Yaya Mas, you’re not just a guest – you’re family.
Website: yayamas.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Aere Network’s Global Resilience Network (GRN) Gains Momentum Worldwide: Endorsed by Environmental Advocates for Revolutionary Blockchain Solutions in Sustainability and Empowerment by 2030
New York, NY – August 1, 2025 – Following its groundbreaking announcement on July 28, Aere Network, the high-performance Layer 1 blockchain platform boasting speeds surpassing 273,000 transactions per second (TPS), reports that its Global Resilience Network (GRN) is already generating significant buzz across the globe. Environmental activists and sustainability leaders are rallying behind this initiative, praising its potential to address pressing planetary issues through eco-friendly decentralized innovation.
Since the unveiling just days ago, GRN has sparked widespread discussions in international forums, social media channels, and eco-tech communities, highlighting its role in combating climate degradation and fostering human advancement. Activists from organizations focused on ocean conservation, renewable energy, and global equity have voiced strong approval, citing GRN’s carbon-negative framework as a game-changer for real-world impact.
At the heart of GRN is Aere Network’s advanced blockchain ecosystem, which integrates scalable solutions to tackle pollution, resource scarcity, and inequality. By enabling efficient, secure applications, GRN empowers users to engage in initiatives like sustainable resource tracking and community-led resilience projects.
Core features of the Global Resilience Network encompass:
High-Speed Transactions: Delivering over 273K TPS to support expansive sustainability efforts without delays.
Eco-Conscious Design: Carbon-negative operations funded by green tech investments and habitat restoration programs.
Inclusive Tools: Platforms for global participation in environmental actions, including tokenized incentives for conservation and empowerment.
2030 Vision: A strategic timeline targeting full integration by 2026, in sync with worldwide goals such as the UN Sustainable Development Goals.
“We are humbled by the rapid global resonance of GRN,” stated Liviu Hrenaru, CEO of Aere Network. “The endorsement from activists underscores our commitment to leveraging blockchain for a healthier planet and empowered societies. This is just the beginning of a movement that’s capturing hearts and minds worldwide.”
Aere Network encourages partners, investors, and advocates to get involved. The project’s Initial Exchange Offering (IEO) is currently active on P2B, offering a prime entry point into this transformative endeavor.
Visit aere.network for details or connect with us on X at @Aerenetwork.
About Aere Network
Aere Network leads in sustainable blockchain development, emphasizing speed, security, and environmental responsibility to create lasting positive change for Earth and its people.
Media Contact:
Email: office@aere.com
Media Contact
Company Name: Aere Network
Contact Person: Liviu Hrenaru
Email: office@aere.com
Country: United States
Website: https://aere.network/
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Kuvi.ai Launches Private Beta of Agentic Finance OS with Seed Round Led by Moon Pursuit Capital
Experience Greece in the Heart of Chicago – The Yaya Mas Way
Aere Network’s Global Resilience Network (GRN) Gains Momentum Worldwide: Endorsed by Environmental Advocates for Revolutionary Blockchain Solutions in Sustainability and Empowerment by 2030
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